PPP Loan information for Merz farm equipment, inc.

$124,200

Merz farm equipment, inc. was initially approved for PPP Loan of amount $124,200, the current approved amount is $124,200. The loan was approved on 04/03/2020 by The Frontier Bank reported 15 jobs and $124,200 was used to fund payroll.

Merz farm equipment, inc. is Existing or more than 2 years old

MERZ FARM EQUIPMENT, INC.

Date Approved

04/03/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

MERZ FARM EQUIPMENT, INC.

Borrower Address

110 W 35th St.

Borrower City

FALLS CITY

Borrower State

NE

Borrower Zip

68355-2039

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124200.00

Current Approval Amount

124200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42342

Servicing Lender Name

Frontier Bank

Servicing Lender Address

13333 California St, Ste 100

Servicing Lender City

OMAHA

Servicing Lender State

NE

Servicing Lender Zip

68154

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FALLS CITY

Project County Name

RICHARDSON

Project State

NE

Project Zip

68355-2039

CD

NE-03

Jobs Reported

15

NAICS Code

811310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

14700.00

Payroll Proceed

85000.00

Mortgage Interest Proceed

10000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

42342

Originating Lender

Frontier Bank

Originating Lender City

OMAHA

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

124955.41

Forgiveness Date

11/19/2020

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